Comcast (FRA:CTP2) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:CTP2 Comcast Corp FRA:CTP2
65 GF Score
Price €19.75
GF Value €31.73
Valuation Possible Value Trap
! 2 Warning Signs
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What is Comcast Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcast  (FRA:CTP2) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Comcast Shiller PE Ratio Related Terms


Comcast Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Comcast's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comcast Shiller PE Ratio Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 13.02 14.14 11.58 7.20

Comcast Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.77 7.65 7.22 7.49 6.38

FRA:CTP2 vs ECHO, CHTR, TIGO: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Comcast's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comcast Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Comcast's Shiller PE Ratio falls into.


FRA:CTP2
65GF Score
Comcast Corp FRA:CTP2
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comcast Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Comcast's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Comcast's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.8495/333.9520*333.9520
=0.850

Current CPI (Jun. 2026) = 333.9520.

Comcast Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.412 241.428 0.570
201612 0.441 241.432 0.609
201703 0.497 243.801 0.681
201706 0.473 244.955 0.644
201709 0.469 246.819 0.634
201712 2.694 246.524 3.649
201803 0.537 249.554 0.719
201806 0.579 251.989 0.767
201809 0.533 252.439 0.705
201812 0.479 251.233 0.636
201903 0.681 254.202 0.895
201906 0.604 256.143 0.787
201909 0.626 256.759 0.815
201912 0.618 256.974 0.803
202003 0.422 258.115 0.546
202006 0.589 257.797 0.763
202009 0.374 260.280 0.479
202012 0.610 260.474 0.783
202103 0.593 264.877 0.747
202106 0.664 271.696 0.816
202109 0.734 274.310 0.893
202112 0.580 278.802 0.694
202203 0.694 287.504 0.806
202206 0.711 296.311 0.801
202209 -1.043 296.808 -1.173
202212 0.692 296.797 0.778
202303 0.845 301.836 0.935
202306 0.933 305.109 1.021
202309 0.898 307.789 0.974
202312 0.751 306.746 0.817
202403 0.890 312.332 0.952
202406 0.931 314.175 0.990
202409 0.851 315.301 0.902
202412 1.166 315.605 1.234
202503 0.848 319.799 0.885
202506 2.633 322.561 2.726
202509 0.773 324.800 0.795
202512 0.512 324.054 0.528
202603 0.514 330.213 0.520
202606 0.850 333.952 0.850

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Comcast (FRA:CTP2) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of €19.75 is trading 37.8% below its estimated GF Value™ of €31.73. GuruFocus considers Comcast to be Possible Value Trap.

Key valuation signals for FRA:CTP2:

  • Shiller PE Ratio:
  • GF Value™: €31.73 vs. price of €19.75 (37.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the FRA:CTP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comcast Business Description

Address One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks that provide television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country. The firm provides services to about half the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy.
65GF Score

Get the complete analysis for FRA:CTP2

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.75
Price
€31.73
GF Value